Azerbaijani Economy 19 march — 15:47

Central Bank has kept interest rate unchaged

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Central Bank of Azerbaijan (CBA) has decided to maintain the interest rate at 7.25%, the CBA informs.

According to the information, the lower threshold of the interest rate band has been increased from 5.5% to 6.75%, the upper one has been kept at 9%.

The decision takes effect from today. Once again, the CBA leadership will consider the parameters of the interest rate corridor on 1 May.

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